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In February 2001, 17 software developers met at the Snowbird, Utah resort, to discuss lightweight software development methods.

They published the Agile Manifesto, also called the Manifesto for Agile Software Development, which is a formal proclamation of four key values and 12 principles. The Agile Manifesto was created as an alternative to document-driven, heavyweight software development processes such as the waterfall approach.

The four core values of agile software development as stated by the Agile Manifesto emphasize:
•Individuals and interactions over processes and tools.
•Working software over comprehensive documentation.
•Customer collaboration over contract negotiation.
•Responding to change over following a plan.

The 12 principles laid down in the Agile Manifesto have been adapted for managing a variety of business and IT-related projects they include:
1.Satisfying customers through early and continuous delivery of valuable work.
2.Breaking big work down into smaller components that can be completed quickly.
3.Recognising that the best work emerges from self-organising teams.
4.Providing motivated individuals with the environment and support they need and trust them to get the job done.
5.Creating processes that promote sustainable efforts.
6.Maintaining a constant pace for completed work.
7.Welcoming changing requirements, even late in a project.
8.Assembling the project team and business owners on a daily basis throughout the project.
9.At regular intervals, having the team reflect upon how to become more effective, then tuning and adjusting behavior accordingly.
10.Measuring progress by the amount of completed work.
11.Continually seeking excellence.
12.Harnessing change for competitive advantage.